i need assistance with the cash disbursement and cash collection schedule

Exquisite Bedding Limited You have recently been promoted as Management Accountant of Exquisite Bedding Limited, a small company that manufactures a specialized bed for the elderly which is sold to the public and its wholly-owned subsidiary company, Ultimate Care Lad a retain department store. The company uses a rolling budgetary control system and is in the process of preparing the budget for the four months period from September to December 2021 During the preliminary review, you established that the company intends to sell each bed produced for 5219 to Ultimate Care in addition to individual customers on the same credit terms Exquisite Bedding Lad secured a cash loan of 120,000 from Broughton Bank that was secured on the land and building at an interest rate of 73% per annum The loan is due to be received in November 2021. The repayment of the loan will begin on March 1, 2022, however monthly interest payments will begin in December 2021. Also, machinery costing 5112.000 will be received in November and paid for in December. You have been provided with the following budgeted balance sheet information as at September 1, 2021 as well as estimates and othet operating data: Exquisite Bedding Limited Budgeted Balance Sheet as a September 1, 2021 ASSETS Cost Depreciation to Date Net book value Non-current Asset Land and Building 500.000 500,000 Machinery and equipment 124000 84500 39.500 Motor Vehicles 42000 16-400 25,600 666,000 100,900 563.100 Current assets Closing stock: Raw materials 4320 Finished goods 10450 14770 Receivables 9040 cash at bank 6790 30600 Total Asset 595, 700 0 SO0000 90960 40840 Equity 500,000 SI ordinary shares Share premium Retained earnings Current liabilities Accounts payable Total Equity and liability 591800 3900 595700 Other information: 1. Estimates sales in units for September will be 80 units. Sales units will increase by 10 units cach month 2. All sales are on account. The customer is allowed to pay 50% in the month of sale and the remainder the month following sale. 3. Sales on account for August was $18,080. 4. Stock valuation was done using FIFO method and closing stock of finished goods on August 31 will be 100 units. The company's policy is to have the next month's sales in units in stock of finished goods at the end of each month 5. It is the company's policy to maintain 50% of the materials required for the next month's production. The opening stock of raw material is 175 kg 6. The company estimated that it will have to pay $10 per unit for raw materials. 5 kgs of raw material is required to produce one bed. 7. All purchases of raw material are on account 60% of raw material purchases are paid for in the month of purchase and 40% the month following purchase. Accounts payable for August 31, 2021 was 3900. & Variable overheads are charged at a rate of 3 per labour hour. Fixed overheads were estimated at $1.200 per month. 9. The company sublets a section of the factory and the monthly rent of $3,000 is received in the mouth incurred 10. Each bod takes 12 labour hours at a rate of $5 per labour hour 11. An interim dividend of S20,000 for 30 September 2021 will be paid in November 2021. 12. Depreciation for the four months, including the new machinery, was calculated to be: Machinery and equipment $15.733 Motor Vchicle $3.500 14. Other monthly expenses are as follows: transportation cost $1.250 and miscellaneous expenses of S750 15. The company's policy is to maintain a minimum cash balance of S10,000 each month. You are required to prepare the following budgets for the four months and in total: Sales budget 16 marks Cash collection schedule 110 marks Production budget 112.5 marks! Direct material budget 114.5 marks Cash disbursement budget 10 marks Labour budget 14.5 marks Overhead budget 14.5 marks! Cash budget 131.5 marks)